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carriage. citi price rewind. start saving at citi.com/pricerewind. >>> i'm jim cramer, welcome to my world. >> you need to get in the game. >> going out of business and they're nuts, they know nothing. >> i always like to say there is a bull market somewhere. >> "mad money," you can't afford to miss it. >> i'm cramer. welcome to "mad money." people want to make friends, i'm trying to save you money. call me tonight. tonight i'm letting you in on something big. the method to my madness. i know this show is the craziest, most random, bizarre thing on television, and i also know that you won't find investing advice this good anywhere else. if you're suning in just to see if tonight is the night the show goes off the rails, which it is always a possibility on any given night. sorry, there is a tape delay, keep wishing. for those of you interested in trying to make money, some say i'm a crazy man, particularly on twitter @jimcramer. i think you can do everything i do at home if you're willing to put in the time and the effort. investing, specifically actively investing in stocks, running your o
is better than a bad deal. >> okay, gary b, jim mentioned the market, let me play wall street on tv. basically i'm sick of this. i'm going to keep heading south because the uncertainty, the anxiety is killing me. if we had any kind of deal, at least we might see stocks move up a bit. that would be good for our 401(k)'s, wouldn't it? >> that's exactly my perspective, brenda. this was a really rough week on the market and it's all related to, not the-- not the fiscal cliff, it's the psychology of the fiscal cliff, and the sad truth is whether they do deal now or they thoughtfullyo a deal six months from now, really, nothing wl be accomplished. he fact is, public debt is consuming our economy. it's about 73%, regardless of what deal gets done. it will be about 73, 74% ten years from now. we've done nothing and nothing will be done to address social security, which is now officially running deficit, medicare, medicaid costs are growing ast nomically. at least do a dumb deal now and get people over theiscal cliff and kick the can down the road, that's going to happen anyway. >> steve, no
what is happening in the united states with a wary eye, cnn international anchor jim clancy is with me now. jim, this is such a hyper-focused american problem and yet it's really a problem for the whole world. >> it definitely is. if mitch mcconnell is looking for a dance partner. the united states is the dance partner for the entire world. the markets hate uncertainty what they hate even more is steering abject failure square in the face. those markets are going to open up in four or five hours' time we should see some limited reaction in asia. but perhaps not yet. it's still uncertain what is going to happen here. there's a huge stake. everyone realizes. europe has got its problems. germany starting to feel the effects of the global, of the downturn in europe. china, cutting its growth forecasts, india doing the same. the last thing anyone on the world stage needs right now is for the u.s. to start sliding back into recession. but you know, let's be clear here. that's, that would take some time. there would still be time for some kind of a deal. but it's the uncertainty that is reall
down the hatches. >> i'm sorry, jim, i'm going to stop the subsidy to pbs. >> i like pbs, i love big bird. >> they brought us binders full of women. >> big bird. >> horses and bayonets. >> oh yeah ♪ ♪ >> i just called president obama to congratulate him. >> i congratulated him and paul ryan on a hard-fought campaign. >> i pray that the president will be successful in guiding our nation. >> we are an american family, and we rise or fall together. the task of perfecting our union moving forward. >> tonight, we are celebrating the year in the news, the winners, the losers, the person of the year. and we will hand out the donald trump award. all right, let's start with the most valuable player of 2012, alex wagner. >> in my book, it is david, you saw the beginnings, with dean, and obama. >> krystal? the most valuable player? >> probably to waiter who placed the camera at the mitt romney fundraiser and captured the 47% comments, which i think showed a lot of people their concerns about mitt romney and the fact he really was not there for all of america. that he didn't understand the p
a bull market somewhere. i promise to find it for you here on "mad money." i'm jim cramer. see you tomorrow. >>> coming up on "worldwide exchange," retail reality check. it's the day after christmas, early data shows the slowest growth in spending since 2008 this holiday season. we're crunching the numbers for you. >>> the u.s. is set to go over the fiscal cliff in five days. that means taxes will go up for nearly every american. dramatic spending cuts will kick in. president obama and congress will be back from vacation tomorrow. but will anything get done? >>> plus, wild winter weather sweeping through the country. we'll bring you the latest details on which part of the u.s. could be hit next. cnbc's "worldwide exchange" starts now. >>> and welcome to a special edition of reside worldwide. ross andcle reoff today for boxes day in -- kelly are off today for boxing day. for now, you is us. >> we'll start with a brief check on the markets. energy and metals are trading higher now, wtis up about 55 cents. brent crude up 65 cents. also want to check in on the gold price, as well. gold
? a nasty winter storm hitting many states in recent days. jim cantore in mobile, alabama. twisters hit yesterday, quite a few, i think, right, jim? >> reporter: yeah. the storm prediction center says 34, our severe weather expert who tracks tornadoes and sees which are duplicated says 19. which for whatever it's worth is a record day for tornadoes on christmas. the previous record was 1969 with 12 tornadoes. guys, here's the deal. now we have tornado season in the middle of winter. and that seems to be what happens nowadays. you see behind me this church was pretty heavily damaged. look at the roof. two sections ripped off. then dropped below. and given the fact that this debris was just dropped off down here, i'm going to probably estimate these winds somewhere in the 90 to 100 mile-per-hour range. so probably ef-1, maybe ef-2 damage. they typically go along the tornado path and look at the damage to assess an actual rating if you will in terms of what that damage is. behind me, a lot of cleanup here on dauphin street. the crews will be cleaning the debris. you see the power lines han
to the throne at next year's christmas reunion. jim meceda, nbc news, london. >>> if you plan to head to the movie, you better make sure you have a little extra time because many of this season's blockbusters are clocking in at almost three hours. a report from hollywood. >> reporter: they are epic productions, earning oscar buzz. >> shall we stop this bleeding? >> reporter: this year's blockbusters have something else in common. you better block out three hours if you want to see one. as we approach the end of the year, hollywood's heavyweights are posting some hefty run times. spielberg's "lincoln" clocks in at 2 1/2 hours. "les miserables" is almost three hours. >> and a whop iping 2:49, "neverending." >> they should all be called the never ending story. >> one word of advice, go to the toilet before the movie started. >> reporter: why try to hold the moviegoers attention so long. many say blame it on oscar. there's a feeling in hollywood the academy won't take a best picture contender seriously if it's under two hours. this time of year, studios are racing to release these epics b
, that is next. and jim paulson tells us why he's expecting a 15 to 20% gain for the s&p 500 in 2013. looks like we're going to lose 10.5 on the s&p right at the open. more "squawk on the street," right ahead. p for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enterprise, and free refills. it put a man on the moon and a phone in your pocket. our country's gone through a lot over the centuries and a half. but this idea isn't fragile. when times get tough, it rallies us as one. every day, more people believe in the american idea and when they do, the dream comes true. we're grateful to be a part of it. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male a
a good christmas. i'm melissa lee. we're live from the new york stock exchange. jim cramer has the day off. the latest s&p schiller home price report has been released. the results being shown at the bottom of your screen. david blitzer will join us with a closer look at the numbers in just a few minutes. let's get a check on how we're setting up on this day after christmas trading session. the dow looking higher by about 15 points. s&p looking at about two points at the open. european markets closed on this day after christmas. the uk and france among those celebrating foxing day. we start off with, what else, retail. dips in spending in the mid-atlantic and northeast regions. luxury sales also weak. >> we're coming off the worst christmas eve for the dow since 2006. as the president cuts short his hawaiian vacation to deal with the fiscal cliff, just five days to go until we go over. >> threatening both coasts with workers snubbing up best and final contract offer. >> and more on the home front. we'll have more on the data and whether it can keep one of the best performing sectors of
back to "squawk box." we are just seconds away from weekly jobless claims and rick santelli and jim iuorio are standing by at the cme. you know, rick, whenever anyone compared to the cliff to t.a.r.p. i never really bought that. because t.a.r.p., i mean, the commercial paper markets were freezing up. it was -- i just don't think it's really the same thing, is it? it's not as front and center as that. and i -- we've talked about it so much, it's hard for me to believe the markets could just all of a sudden decide they're going to fall off a cliff like the fiscal cliff itself. what do you think, rick? >> no, i somewhat agree. i think the reason i brought it up, and i think i was one of the first to bring it up is, it just gives you a market impetus to get something done. but i think categorically they're nothing the same. t.a.r.p. was about some real issues. fiscal cliff is about being afraid, i think. >> let's do the numbers. >> 350,000 on initial jobless claims. that is definitely less than we were looking for. it's a dozen less than the revised number you're looking at last week. 3
the fiscal cliff but will be united sunday night around the television site. jim moran admits they will be watching another battle, washington and dallas play tomorrow night. we'll be voting sunday night and probably watching the skins cowboy gave in the cloak room. >> the title game starts tomorrow night . those are the top stories, molly, back to you >> december, and watching football matters. >> they will have a nice wet field since it is it pouring wet snow. >> are you praying that rg3's knees are okay. >> thee is a tough kid. >> we need a big performance. >> president obama gave senate leaders a plan to avoid the fiscal cliff. if we go over the cliff, many of you decided who is to blame. 44 percent blame republicaning in congress. here to help us sort it out is the republican strategist and former iowa press secretary. you saw the poll on who gets the blame for this according to rasmusin . does this give president obama breathing room to hold out for the taxes on high earners. so be it it will be worse for conditions. >> i don't think either side wants this to happen. pre
decided to buy me a house as an investment outside china. >> reporter: jim jacobson has sold 22% of the residences at the ritz to affluent chinese. >> basically, they don't have a place to put their money. they look as their own economy as a place that's not very stable. the housing market is not very stable there either. >> reporter: this housing complex in irvine, california, is being built for chinese buyers. separate wok cooking rooms, no unlucky 4's in the addresses and multi-entrances for multi-generational living. scott meadows says chinese wealth is an opportunity, not a threat for american business. >> america is known for quality, so the chinese look at american-made products and foreign-made products in general as things they can trust. >> reporter: after all, that eagle is on the bottle because what so many chinese want is something made in the usa. ben tracy, rbs news, napa valley. >>> coming up after your local news on "cbs this morning" more on the violent weather in the south. we'll have live reports from alabama and indiana. plus, an eye-opening look at how your
outbreak. >> that was the weather channel's jim cantore right there and mike seidel reporting. in a few minutes, we'll have the forecast on where the storm is headed today. that's just ahead in weather. >>> but right now, unfortunately, we turn to politics. as if tax hikes and spending cuts weren't enough, there's a new reminder that the nation's debt ceiling is also hanging over the budget talks in washington. in a letter to congress yesterday, treasury secretary timothy geithner warned the government would hit its legal borrowing limit by monday. without the okay to borrow more, geithner says the treasury will be forced to take "extraordinary measures" to keep paying the bills. so, that makes the government like the rest of us. he also referenced the impending fiscal cliff, which threatens to derail the economy if a compromise isn't be reached by next week on those big, unanswered issues. with both sides locked in a standoff, house republicans are calling on senate democrats to act first. democrats aren't budging much on their demands. they want to extend tax cuts on incomes below $25
to jim. good morning, jim. wake up. we're already here. you're late. yeah. >> the gorgeous faces in times square. if you get up and spend your morning with us, guess what. we're going to put you on television. that's the weather for this morning. let's go back inside to rachel. hello, rachel. >> where is sam? thanks, sam. >>> now, here's a look at what's ahead on the "gma morning menu." more on that big news that jessica simpson is expecting her second child. what this means for her megaweight watchers deal. >>> plus, visit the dentist and leave looking years younger. inside the startling, new trend, dental spas. >>> and movie theater secrets revealed. what you should know before you buy your next ticket. all coming up on "gma," here in times square. revealed. what you should know before you buy your next ticket. all coming up on "gma," here in times square. is bigger than we think ... sometimelike the flu.fer from with aches, fever and chills- the flu's a really big deal. so why treat it like it's a little cold? there's something that works differently than over-the-counter reme
spread around the internet. as jim axelrod reports, critics say it's too much information. >> reporter: driving through this typical westchester neighborhood, you can tell a lot, who's got a new car, who just finished their addition who's got the best christmas ornament ornaments. now thanks to this website you also might fwhoe has a handgun. it began as an 1,800-world article in this past sunday's edition of "the journal news" that covers three counties. included in the article included a map with names and addresses of those likely to own a handgun in the counties. >> we have to be very very careful about the types of information we're going to publish here. in this case, i think the newspaper has gone a little too far in terms of publishing information that actually stigmatizes people. >> reporter: hundreds have weighed in on the journal's web paige, the majority expressing outrage. some even posted what they say are the home addresses and home phone numbers of the paper's staff. cbs news tried to talk with several individuals identified by "the journal ne
learn this week the actor charles durning died in new york on monday. here's jim axelrod. >> reporter: known as the king of character actors charles durning appeared in more than 100 movies in a career that started in 1962. >> got to get you out of here! >> reporter: the crooked cop in "the sting." >> you're lieutenant william snyder? >> i don't know what's up? >> i know this is kind of quick, but that's how i am. >> reporter: the love-struck widower who proposes to dustin hoffman in "tootsie." >> i love to dance. >> reporter: but it was the over-the-top governor -- >> excuse me. >> reporter: and the bumbling nazi colonel in "to be or not to be" that earned him two oscar nominations in the early '80s. charles durning grew up poor in upstate new york. he left home at 16 before starting his theater career as an usher. world war ii interrupted that career. he was 21 years old on d-day when he was in the first wave to hit omaha beach, the only man in his unit to survive. he rarely spoke about that day, but recalled the landing at the national memorial day concert in 200
-old daughter maxwell with the words "big sis." >>> in mobile, alabama, for us this morning, jim cantore. good morning. >> reporter: good morning, savannah. storm prediction center said we had as many as 34 tornadoes yesterday. average for the month of december is 26. church behind me here heavily damaged, two sections of the roof have been torn off and dropped below. christmas morning, that church was full of people and parishioners attending christmas service. power poles have been taken down as well. the last thing people in mobile expected on christmas day was to be cleaning up after a tornado. >> oh, my god! look at that. >> reporter: this was the scene in downtown mobile, alabama, late tuesday afternoon, a tornado touched down in the city of about 200,000. >> oh, wow! check that tornado out. it's been on the ground now for over a minute. >> reporter: the christmas day tornado damaged buildings, brought down trees, power lines and ripped through the wall of this church. workers in the area describe the scary moments. >> praying for everybody and everyone was kind of like in panic mode. >>
. with weaker than expected retail numbers we will be heading into a recession next year. shibani: jim laventhol says in many ways yes, but it won't be a disaster. welcome to the show. you heard what adam said, that the consumer which accounts for 70% of the gdp, spending, they are pulling back and pulled back this year and during holiday shopping season. how close are we to start getting into this talk of getting into recession again? >> we're pretty close by i appreciate your pudding a qualifier that we don't have to go into a panic. there are a couple reasons for that. if you look at the stock market which is mainly where people place risk bets on growing their assets it is arguably fairly priced, somewhere between 13 times and 14 times this year's earning so not like there's a wild overvaluation that needs to be corrected, nor is this like in 2000 where we had an overinvestment boom from telecom and tech spending more 2007 with the housing boom. you have none of those imbalances. the financial sector is in great shape. even though gdp of the u.s. is flashed the first half of the year which i
ahead, congressman jim mcdermott with the latest on the fiscal cliff negotiations. first, though, an american military hero has died, norman schwarzkopf passed away in florida yesterday. remember he was popularly known as stormin' norman and he was the u.s. general who led the 1991 operation "desert storm," which liberated kuwait from iraqi dictator saddam hussein, and you know, the 41 is ill and actually sent out a statement about the general late yesterday, when we're all thinking about 41, as well. schwarzkopf was 78. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> welcome back to "squawk box" this morning. the g
of september. the lack of security at the benghazi compound, senator jim frisch that the obama administration fell short in more than one respect and had more than enough time talk about when it began. here's a recent senate foreign relation hearing with twos top state officials. >> i look at those people streaming through the front gate in benghazi. that wouldn't have taken that much to stop that attack, if indeed they would have responded to immediately. again, you are looking at film, and i understand it's a lot more sterile than actually being there on the ground of the time, but when people are coming through the gate armed, it's time to do something about it. nothing was done about it until everyone was in. >> the secretary of state admitted that security warnings in the weeks before the attack did in fact reach secretary of state hillary clinton's office. lawmakers are now waiting to hear from clinton herself, who has backed out of testifying after suffering a concussion. we will take up the effort for accountability in benghazi tonight. we will be talking to senator jon barrasso, a me
's stay on the subject of guns and what to do about them. congressman jim moran says there is a disconnect between the national rifle association's leadership and the nra members. the democrat from virginia is pushing a package of gun reforms he says most nra members support. and representative moran joins me now live from washington. good to have you with us. >> good to be with you, thank you. >> congressman, when many politicians think about the nra, they think about this legion of people who stand shoulder to shoulder with wayne lapierre and the leadership and what he says they believe. you believe, though, that the nra leadership is out of touch with the membership. why? >> well, this bill that we're introducing on the first session of the next congress has five measures where two-thirds of nra membership support them. in fact, in some cases one of them is supported by 79% of the nra members. so i do think there is a disconnect between the nra members and the gun manufacturers who basically pay the salaries of the nra leadership. but what this would do is to require background checks,
congressman says the chances look slim to none. listen to virginia democrat jim moran as he describes why he'll likely vote against a deal. >> my congressional district would be the hardest-hit if we go over the fiscal cliff. i have tens of thousands of federal employees and a great deal of defense spending would be at risk. so if we don't suspend the sequester and it looks like this very small deal may not even achieve that, then i'd have to be a no vote. so if i had to guess right now, i don't think we're going to be able to reach a deal no matter how small it might be. >> a vote could take place later today, and you can watch coverage right here on cnn. >>> the president will continue to plead his case for a deal today. he's making his first appearance on a sunday talk show in more than three years. he's on nbc's "meet the press." mr. obama is expected to call for an immediate vote by congress on a scaled-back plan that would only extend middle class tax breaks and unemployment benefits if the congressional negotiations fail. >>> fears over the fiscal cliff are weighing heavily on u.s. st
lawmaker. congressman jim clyburn believes mrs. obama would be a breath of fresh air in d.c. she's honest and straightforward. "she's exactly what we need around here." and recent polling shows mrs. obama beating senator mark kirk of illinois by double digits in a hypothetical match-up. her husband's adviser david axelrod is warning michelle obama fans not to get their hopes up. >> i don't think michelle has any desire to be a politician. she'll find ways to make contributions, i'm sure. but the last thing i think she would do is run for public office. >> of course there are a number of ways for the first lady to make her mark after her husband finishes his second term. as samuel l. jackson tells "newsweek," michelle is superwoman. "what can't she do?" i agree with that. run, michelle, run. tonight in our survey i asked you, is john boehner's move to reconvene the house a face-saving political move or a genuine effort to reach a deal? 97% say political move. 3% say genuine effort. coming up, dr. james peterson joins me to discuss "django unchained." i'll share my thoughts on the movie tha
to get up to 1600 once again and i look for it to go higher. >> jim, the house reconvenes sunday night. the senate squabbling right now. the president's back in town. how are you trading or investing in this market in the meantime? >> well, bill, i thought it was difficult to underestimate the ability for congress to underdeliver. but here we are again. >> yes. >> our best case is, we probably thought it was going to go into the, go past the new year and i think that's what we're going to see. so, we'll probably tech nick little go over the cliff but we won't stay over and it's probably maybe even better off that we get a new congress looking at the prospects of a deal. there is a deal out there as opposed to the lame duck session. we'll probably have some volatile till but i think those are buying opportunities and we expect a better 2013. >> what kind of buying opportunities? what would you be looking to buy? >> well, certainly the sectors that have done well, i think, continue to be the financials. you look at consumer discretionary in here, which could take a hit and a down turn. n
. that is the u lis cease arguments, tying themselves to the mast. one of the more conservative republicans, jim jordan, told me the only thing worst than defense cuts are no cuts at all. that said, you can delay the impact of see questions administrati -- see quest administration. it will take them time to come up with the cuts over the course of the fiscal year. that said -- because we never passed the budget but only continuing resolution, we've only got until about march to figure out how to deal with that problem. >> you better believe that there are a lot of democrats in states like california, virginia, florida, in the senate and the house who don't want to see those defense cuts either because, boy, those are big employers. let me grill on one thing and that is this, tax rates are scheduled to go up anyway next year because of surcharges on medicare and a payroll tax surcharge because of obama care, am i right on that? >> you're right. if you look at it, incomes are really going to go back to where they were during the meltdown. the american economy will not have moved forward for many h
do. >>> it was a wild ride to election day 2012. jim acosta has the top ten campaign stories of the year. >> reporter: the year started off with a surprise in a sweater vest, counting down the top campaign stories of the year, number ten, the primaries. rick santorum's stunning performance in the iowa caucuses. >> game on. >> reporter: kicked off a battle for the republican nomination that few in washington had expected. the gop's odds on favorite, mitt romney stumbled in some of the early contests. he refused to release his tax returns allowing newt gingrich to take south carolina. >> we proved here in south carolina that people of power beats big money. >> reporter: but that big money eventually cleared the field and romney set his sights on the president. >> it's still about the economy and we're not stupid. >> reporter: at number nine, bain. not that one. that one. almost as soon as romney had had locked up the nomination, his former private investment capital was crashed by the super pac and obama campaign. the attack ads put romney on defense for months. the president a
the exception, because under the jim crow laws, african-americans had been persecuted for years. but what was unique was that there were published pictures of his body. his mother did something that inspires awe. she allowed "jet" magazine to photograph his brutalized body. there was controversy about her decision and the decision to publish the photographs, and those pictures galvanized a nascent movement. "jet" magazine reported continually on the case for years afterwards. i am telling you this story today, because "jet" magazine is shining a much needed spotlight on the killing of a young black boy whose name might otherwise be forgotten, jordan davis, the young boy who was shot to death after the motorist complain ed about a loud music that a motorist was complaining about next to him in a suv. dunn may claim protection under the florida's stand your ground law. and "jet" magazine explores the details of the night that took his life, but introduces us to a 17-year-old who loved to fish with his dad and inspired to be a marine and about to start his first job and now is gone. back wit
? >> we met with jim mcgrath yesterday. he said there is one thing i can assure you, his trademark sense of humor is intact. he is not on a ventilator, giving doctors and nurses hell in there. the guy is 88. 85th birthday three years ago, skydiving. he did it for his 80th, 75th. this guy likes to be active. loves the thrill of life and excitement. by the way, when he finished his skydiving on the 85th? he said how do you feel? when he said i don't feel a day over 84. my sense is, he is dog well and getting better, but it will take time, he's just an older guy. drew. >> miguel, thanks. we certainly wish the president all the best in getting better. >> it is 21 minutes after the hour. let's get you up to date on the top stories. congressional leaders on both sides have been summoned by the president to come to the white house today for an 11th hour fiscal cliff showdown. just four days remain to got a deal done or massive tax hikes and spending cuts kick in on tuesday. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security has forced the u.s. state depa
on the floor but people stepping before microphones. here is representative jim moran. >> there are going to be voting sunday night and then probably watching the skins-cowboys fame in the cloakroom. then we'll, then we'll be in session on december 31st as well. gregg: what does he mean, we're going to vote sunday night? >> here's what might happen. both parties meet with the president today at the white house. they all say look, here we are on the precipice here. let's come up with something so we stop these tax hikes from happening on january 1st. let's come together and come up with kind of a stopgap deal. in other words, something short term. this is something congress will typically do when both sides are at an impasse. they find a way to get by for a little while longer. buy themselves more time. if they come up with a deal like that, the house is coming back into session on sunday night. it is highly possible they could vote on something then. the senate could also pass it and signed into law. gregg: right. >> everyone is talking about there is not enough time. this is not true. co
. family spokesman jim mcgrath says the 88-year-old former president is improving. his conversations with doctors and nurses now include singing. bush is being treated for a fever following bronchitis-related cough. >>> is hockey going to happen this season? i ask you that. the nhl wants to get back to the bargaining table with the locked out players association after a new contract offer from the league broke thece between the two sides -- no pun intended. okay, maybe a small one. talks are scheduled to resume sunday in new york. >>> proof that annual traditions in other countries don't always translate. a town in southeast spain is cleaning up after revelers battled it out with flour, eggs, and -- wait for it -- firecrackers. the annual flour/egg/firecracker fight takes place on december 28 and celebrates spain's equivalent of april fool's day. to recap, that is flour, eggs, and firecrackers. jud . >> do they combine? >> yeah, like bisquick a la requirecrackers. >> some story meetings -- >> maybe next year. >> maybe. we'll see. >> thanks. >>> dylan dreyer has a check of the nationa
them and companies of tomorrow will not get the funds they need to jim walton of walmart four million from dividends. they are top guys pulling the money out. when you look at investment dollars. we have seen so much fluxation in the stock market. stuart varney said it was an effort to cash out some of the money because they don't know what is happening next year. it proves the basic point. you raise taxes you are not raising revenues. most people will respond to thes . they are not sure and look at walmart. it is the walton family that is the richest family in the united states. they initially planned dividend pay out for january 2nd . uncertainty about the fiscal cliff. they are moving up it is yet another example of how we get around this. i would point out when companies are not paying out the dividends, it means we get waste we don't like. instead they spend on offices and private jets and otherwise they might have distributed those funds much >> yes. john tamny, have a great new years. >> and coming up on the show . how late is too late to get your kids eating right? >> and othe
. people watching closely remember mitt romney and jim messina tweeting condolences and the obama campaign shut down for the day when alex died. what was meaningful was it's unfathomable. he was of the age that swept obama into power. not politically silent, but somewhat motionless and actually came out in full force and helped create this identity and they were as much a part of it that they supported and it just seems profoundly unfair that he didn't make it to see at least the end of the 2012 election cycle. >> talk about the process of how newtown changed the complexion's content of the list. >> we added essentially a second cover to this issue. we use that to acknowledge the victims of newtown. to point out that this is a celebration of life. there is no way to express the horror and the that occurred in that tragedy. our decision to acknowledge newtown in a context that we gave it was simply the only meaning we can scribe to at this moment. we have meaning for decades and decades beyond that. this may impact obama's term, we don't know yet. we have to do it in the best way we could a
samaritan story to end on from christmas day in colorado springs. during his christmas celebration, jim stevens noticed some suspicious people carrying items out of his neighbor's home, so he decided to confront them. >> told them put the stuff down. he threw it at the me, hit me in the face, took off running. then the car tried to leave, so i reached into the win at the, put the car in park so she couldn't leave. as i'm doing that, the other lady came out and i was able to hold her until police got here. >> i'm victor blackwell. thanks for being with me. up next, "the situation room" with joe johns. >>> happening now, time running out and pressure is mounting. can the white house and congress keep the country from going off the fiscal cliff? >>> a dangerous winter storm roaring across the eastern half of the u.s. bringing blizzard conditions and travel nightmares. plus, the nra's controversial proposal to put armed volunteers in every school, we'll go in-depth with the man in charge of the national school shield program. i'm joe johns. you're in "the situation room." the u.s. is now ju
cornyn, horrible recruitment two years in a row and this time they didn't have jim demint to blame. >> don't blame that texan on me. >> okay. take it up with him after the show. erick erickson, roland martin, thank you very much. happy new year, guys. >>> hopes have been crushed and families in the making have been ripped apart. a new law bans americans from adopting russian children. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. get the best offer of the year -- 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. hurry. bonus cash ends january 2nd. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register you
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